Entrepreneurs: How to Screen Business Ideas Quickly

Entrepreneurs develop business ideas all the time, but how do you know when to pursue one further? Some entrepreneurs have a hard time screening product ideas, but you can do it very quickly by answering a few simple questions. You’re on the right track if you answer “Yes” to the first three questions and very positively to the final two:

Am I excited about this idea or opportunity?

Do others also think it’s a great idea?

Are there people willing to pay for what I’m offering?

Why am I the person to make this happen?

Why should I go forward with this idea or opportunity now?

For Dummies: The Podcast

Check out the brand new podcast series that makes learning easy with host Eric Martsolf.